Russian President Vladimir Putin will chair on Monday a summit of the Eurasian Economic Union, a regional economic union of five ex-Soviet states: Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan.
Central Asia, especially Kazakhstan rich in oil and gas, and the world’s largest landlocked country is the focus of many Fortune 500 companies seeking new business development and market penetration in emerging economies. In the 2012 edition of the Index of Economic Freedom, Kazakhstan’s economy ranks as the 65th-freest in the world. Kazakhstan ranks higher than all other Central Asian countries, and its overall score is higher than the world average in general, and Russia in particular (place 144). There remains much room for improvement which Kazakhstan can achieve if it pursues additional market-oriented reforms, the rule of law, government transparency, tougher anti-corruption laws, and counterterrorism measures.
China influence has been quietly expanding in a more pervasive way in Central Asia. Since 2000, Beijing has been expanding its lending activities in Central A
BISHKEK, July 5 (Xinhua) Regular flights between China and Kyrgyzstan were resumed Tuesday with the launch of Urumqi-Bishkek-Urumqi flights, the Chinese emba
BAKU, April 20 (Xinhua) Baku and Bishkek signed a declaration to elevate the bilateral relations to the level of strategic partnership, as President Ilham Al